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XRP has been resting at the $2 level, but indications of movement are increasing. One crypto analyst by the name of “J4b1” recently stated that purchasing XRP at $2.20 is not too late. In fact, he thinks that it may be the perfect time, just before things change dramatically. His assertions are founded on historical price action, Ripple’s current strategy, and what institutions may do next.
XRP Price Kept Stable By Ripple’s Monthly Activity
Ripple’s dominance over XRP’s supply is an important aspect of J4b1’s argument. Every month, the firm releases 1 billion XRP from escrow but sells only a fraction of it. The remaining amount is put back into escrow. These sales tend to occur via over-the-counter (OTC) channels rather than open markets. In the analyst’s view, this practice prevents Ripple from experiencing sharp price fluctuations.
Is XRP about to explode or already overpriced?
Is buying at $2.20 smart or is it too late? Let’s break it down with data, historical context, and Ripple’s price control strategy. 🧵👇 pic.twitter.com/UHvbYD4GJl
— J4b1 (@XRPJ4b1) May 4, 2025
He used an example: if Ripple wants to transfer $200 million using 100 million XRP, every coin will have to be worth $2. If the price rises too rapidly, Ripple can sell more. If it falls too far, they may buy some back. This strategy could be one of the reasons why XRP has not broken through the $2.20 barrier.
Institutional Demand Could Change Everything
J4b1 mentioned a few things that could drive XRP up. He cited possible regulatory clarity from a new US administration that could be more crypto-friendly. He also talked about the possibility of an XRP spot ETF and the growth of tokenized assets on the XRP Ledger.
The analyst believes that if institutions begin accumulating in large quantities, Ripple’s current approach may not be sufficient to contain the price. If demand outstrips the supply Ripple has, the price may surge.
XRP market cap currently at $125 billion. Chart: TradingView.com
XRP’s History Holds Clues
XRP’s journey began in 2012, when it was worth less than a penny. It picked up pace over the years as Ripple sold it to banks as a means of making cross-border payments faster and cheaper. That momentum took XRP to a high of $3.80 in the 2017 bull run.
But everything changed when regulators stepped in. In 2015, Ripple was fined by FinCEN. Then, in 2020, the SEC lawsuit struck, slowing down XRP’s adoption and keeping the price under control. Nevertheless, Ripple continued to build, acquiring companies like Metaco and obtaining licenses across the globe.
Whale Wallets Are Growing Rapidly
Meanwhile, as XRP’s price remains stagnant, the large holders are filling up. According to recent statistics, there are now more than 300,000 addresses holding a minimum of 10,000 XRP. That’s an increase from around 281,000 as of December 2024. Whale wallets continue to rise even though the price remains largely flat around $2.20.
That type of buildup tends to indicate a sense that prices may rise further in the future. It’s occurring as global uncertainty increases, which may be encouraging investors to get ready for the next major move.
For the time being, XRP traders are paying close attention. A quick move on the upside may not be far away.
Featured image from Gemini Imagen, chart from TradingView
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.
